INFLATION INVESTMENT
With the benefit of hindsight, there is a lot we should have already done. For the frugal survivalist, it is already too late to invest in precious metals. I knew that I was an idiot for not buying gold at $275 an ounce. And at the time I was making good money ( for me, at least ). Of course I also had just lost three SKS's, two 10-22's, three Enfields and a 45 due to my own stupidity with wife # 2 and #3 ( which makes a very amusing story which I'll share with you one day ) and I needed to rearm which was much more important. I did get a Krugerrand for $425 and I did buy silver at between $5 and $8 an ounce later on so I don't feel like such an idiot now.
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For a lot of us it might be too late to stockpile ammunition primers. I bought about eight thousand a year and a half ago, but it purely by accident. I had no fear of Democrats and gun control although perhaps I should have. They had been hyping Hillary for almost four years ( and I still think Uncle Obammy better be damn careful about where Hillary is at all times- every time she steps out of town I'd be worried about an assassination ). But I was merely thinking how few primers I had for our post-Apocalypse future, and I lucked out on a going out of business sale ( under $150 if I recall correctly ). At the time I was making $7 an hour yet still had a constant prep budget- it is easy once you live primitively and deny yourself all luxuries or conveniences.
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Surplus ammunition is almost dried up. Even the Commie gun ammo has doubled in price. I realize a lot of this is supply and demand. A lot of ammo merchants deserve the new profits since they had been selling it so cheap for so long. But I wonder how much of it has to do with the shortage of steel and oil. Semi-auto's have doubled in price, as have magazines. I wonder if ammo manufacturers will actually ramp up production ( as well as component makers ). If they believe we will pull out of Iraq, do they foresee a coming glut as the feds decrease their purchases? We might be deluding ourselves ammo ill ever be cheap again. If it is one thing you can bet on besides death and taxes, it is that US factories will not hire more workers or expand machinery even if you put a gun to their head, the head of their first born or that of their 26 year old Russian mistress with silicon enhancement.
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Those are a few things we'll never be able to easily afford anymore. Add in new cars, college educations, any health care outside of an ER or retirement. But there are other things that might elude affordability very shortly. These are the things you don't want to wait on. Normally, I tell you not to dink around. I say, do whatever it takes and prepare yesterday, because while a sudden collapse might not happen you still need to act like it will. Of course you just ignore me like usual and you would think I'm used to that by now but you still hurt my feelers. But I'll keep trying. Even if we aren't due for an EMP attack or super giant solar flare anytime soon, another good reason to take the thumb out of your ass and prepare quickly is that we all know hyper-inflation is just around the corner. Everything is going to be worth less, but you will pay in inflated dollar terms and that is while your wages are stagnant because those anal orifice licking toads are inflating at a high rate and only officially admitting to an insanely low rate and your employer will use the official rate even though it is as far removed from reality as me believing I'll ever be able to fondle a supermodel because they remove food and energy costs from the equation and believe me oil is going to keep going up in price as Saudi Arabia dries up and can't export any more oil because it is running out of not only oil but also natural gas and it needs more and more for its exploding population for food and water production.
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Right now, land prices are falling. Buy junk land, I scream at you in a futile gesture, spittle flying in your face as you gaze calmly at me and take another sip of you latte mocha supremo as you drive down the road in your SUV. Land will keep going down in value as folks double up to save money, but inflation will jack up the price. Get out of all paper, all of it. I tell you, you ignore me. Celebrity survivalists tell you, you fall all over yourself complying. People, I'm never wrong. Never. It is only my timing that sucks. We will be entering into a Dark Age, I just don't know when. Just buy all your crap now, while you can afford it. The stock market might still be going up, but that is all government/bank manipulation and inflation. The paper assets are losing value as the amounts go up. It isn't an increase in wealth. You can bite the bullet, do what it takes to make a ONE FRIGGIN TIME investment and then go back to wiping your butt with name brand TP and eating ten dollar a pound steak at your weekly BBQ, or you can die sooner than later. And I don't wish to appear mean or uncaring, but I will be laughing at you if you had your chance and blew it because you had BB size testicles and didn't stand up to the wife or a BB size brain and didn't take the obvious warning seriously. Economists, who went to college and everything, are telling you that once we started buying our own debt it was the beginning of the end. I'm not pulling stuff out of my butt here. Peak Oil, inflation, etc., are what I've studied. I'm not making them up for my own amusement ( although it is a factor, I admit ).
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Inflation has hardly begun. Once it hits, preps are over and done. Do it now.
END
Joke-an oldy but goodie. An old married couple, the wife wants a boob job. Husband tells her to wipe TP on her chest everyday. She's been doing it to her ass, and look how big that got.
Buy My Crap www.bisonpress.com
Tuesday, June 02, 2009
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2 comments:
Hindsight is the best sight.
-old proverb-
Offhand I wouldn't invest in either gold or ammunition currently. Both have had a good run up and may have more downside risk than upside potential.
Again, a lot depends on your needs, goals and appetite for risk.
As far as I can tell the stock market is no different than gambling or betting on the ponies. And probably just as profitable.
Hey, look at all those "MAKE $100,000 A MONTH PLAYING INTERNET POKER", that's not much different than the scammer's "15,000% GAINS IN SHALE OIL"...
So what to do with the extra $50 a month ?
Silver seems to have all upside potential, but I've been hearing about the 'silver short conspiracy' for decades now, and silver still hasn't shot way up.
Which leaves hoarding. Maybe stocking up on useful items you'll use as well as luxury items.
I'm not so sure about these 'survival barter' thingys. People don't generally barter (well, not yet) and selling off things can be difficult.
Actually, if you ever had some hobby/craft business fantasy, now might be a good time to do it.
Of course, you'll work and work at it and not make any money at it for a long time if at all. but it will keep you out of trouble and your mind off the long recession.
Besides, you don't need TV, dunkin donuts or McDreks anyway.
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